Nvidia Stock Adds $4.5 Trillion Since ChatGPT Debut

• In a recent post, WOLF pointed out something extraordinary: Nvidia’s ($NVDA) market cap has jumped more than $4.5 trillion since ChatGPT arrived in November 2022. This explosive growth shows how the AI boom has turned Nvidia from a chip company into the heart of the global AI economy.

• Nvidia’s dominance comes from its role as the go-to supplier for AI hardware. Its H100 and upcoming B100 GPUs have become essential tools for companies like OpenAI, Microsoft, and Google to build and run their AI models. But this dominance carries risks—potential overvaluation, reliance on big tech spending, and concerns about energy and manufacturing limits that could shake the entire AI industry.

• The financial impact is staggering. Nvidia’s $4.5 trillion growth in under three years rivals the GDP of entire countries and represents one of the fastest value increases in corporate history. Still, some experts question whether this pace can last unless Nvidia branches out beyond GPUs into areas like networking and enterprise AI.

• Nvidia’s rise mirrors the post-ChatGPT AI explosion. Every major cloud provider now depends on Nvidia’s chips to handle surging demand, making the company central to debates about AI energy consumption, supply chain security, and global chip competition.

As WOLF put it: “Nvidia’s $NVDA market cap has increased by more than $4.5 trillion since ChatGPT launched in November 2022.”

• That single fact tells the story of our AI era—a company growing as fast as the technology it powers.